The Fair Share Report
35 Edwin Ave
Hamilton, NJ 08610
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $338,104 – $451,862, from 12 comparable Hamilton sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hamilton assessments sit below market value — republished every October, applied town-wide. A $404,889 home should be assessed near $248,278.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $79,678 below what the ratio math suggests (32.1%).
Step 4 · The tax rate — same for every Hamilton home
$1.510 Schools · 41% $0.831 County · 22% $1.367 Town · 37%
Step 5 · The bill
This home vs. every recent Hamilton sale · assessed ÷ market
32%77%
Paying about right
This home's ratio lands inside Hamilton's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 503 W PARK AVE | 2025-02 | $273,500 | 1,411 | 74.7% |
| 109 ACRES DR | 2026-01 | $365,000 | 1,439 | 74.5% |
| 74 RIBSAM ST | 2025-06 | $445,000 | 1,452 | 44.8% |
| 81 RIBSAM ST | 2026-03 | $425,000 | 1,410 | 45.0% |
| 17 MAGUIRE RD | 2026-05 | $490,000 | 1,380 | 48.4% |
| 69 CORSON AVE | 2026-04 | $442,000 | 1,404 | 47.2% |
| 2526 LIBERTY ST | 2025-06 | $360,000 | 1,400 | 48.7% |
| 443 FENWOOD AVE | 2025-11 | $460,000 | 1,231 | 47.5% |
| 26 KENWOOD TERR | 2025-08 | $361,000 | 1,433 | 55.9% |
| 16 MEROVAN AVE | 2025-12 | $467,500 | 1,362 | 40.6% |
| 226 SAYBROOK AVE | 2025-11 | $435,000 | 1,488 | 55.2% |
| 119 CHINNICK AVE | 2025-12 | $485,000 | 1,512 | 35.2% |
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